Traders Flip Senate Control Bet as Democrats Overtake Republicans on Kalshi, Polymarket

Traders Flip Senate Control Bet as Democrats Overtake Republicans on Kalshi, Polymarket

Prediction markets tracking Senate control have swung sharply in recent weeks as traders reassess political risk amid escalating tensions in Iran.

In brief
  • Contracts on Kalshi and Polymarket now give Democrats a 51% chance of winning Senate control, edging Republicans at 49%.
  • The shift marks a dramatic reversal from a year ago,… [+3194 chars]

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